Overview
What is Wit Foundation Inc?
The Wit Foundation Inc., situated in New York City, New York, is a nonprofit organization dedicated to fostering the professional advancement of women. By offering leadership, networking, and educational opportunities, the foundation serves as a collaborative community that empowers its members. With a small team of three individuals, the Wit Foundation Inc. strives to create a supportive environment where women can grow and develop their careers.
Official website here: www.womenintoys.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating from Charity Navigator
The Wit Foundation Inc has received a commendable rating of 81%, reflecting its strong performance in accountability and finance. This score indicates that the organization is effectively managing its resources and maintaining transparency, which is essential for donor trust and engagement. The foundation boasts a fully independent board, with all members adhering to the highest standards of governance.
The organization has demonstrated excellent financial stewardship, with a program expense ratio of 73.41%, signifying that a significant portion of its expenditures directly supports its programs. Furthermore, the absence of asset diversion and the presence of robust policies concerning conflict of interest and whistleblower protections further enhance its credibility and operational integrity.
While the rating is strong, it solely focuses on accountability and finance, without incorporating factors such as program impact or donor feedback. This singular approach may limit a comprehensive understanding of the charity's overall effectiveness in fulfilling its mission. Nonetheless, the robust governance structures in place position the Wit Foundation Inc favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wit Foundation Inc?
100% of 10 reviewers on Facebook recommend the Wit Foundation Inc. Here is a summary of their reviews:
Many attendees highlight the positive atmosphere and the sense of community they experienced while participating in events organized by the foundation. The hospitality provided is frequently praised, demonstrating that the organization values its supporters and fosters a welcoming environment.
Specific appreciation is expressed for individual members, such as Mary Kay, who made a notable impact by sharing her personal journey and motivating others. Overall, the feedback suggests that people find the foundation to be an extremely supportive and enriching space, making it a great choice for those interested in connecting with like-minded individuals.
This AI summary has been generated from reviews found on Facebook.
Is Wit Foundation Inc legitimate?
Wit Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wit Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $85,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,506
For more financial information, click here
Official website here: www.womenintoys.com
What is the mission statement of Wit Foundation Inc?
The Wit Foundation Inc. serves as a collaborative community, promoting the professional advancement of women. They accomplish this through fostering leadership opportunities, encouraging networking, and providing educational resources. This organization is committed to empowering women in their professional journeys, ultimately contributing to their personal growth and success. By offering these resources, the Wit Foundation Inc. aims to create a supportive environment that encourages women to reach their full potential in their respective fields.
Official website here: www.womenintoys.com
Who is the CEO of Wit Foundation Inc?
Janice Ross is the President of Wit Foundation Inc.
Official website here: www.womenintoys.com
What is the revenue of Wit Foundation Inc?
Wit Foundation Inc's revenue in 2022 was $1,048,048.
Official website here: www.womenintoys.com
Who are the executives of Wit Foundation Inc and what are their salaries?
The average compensation at Wit Foundation Inc during 2022 was $53,609. There are 3 employees and 100 volunteers at Wit Foundation Inc.
Here are 24 key members and their salaries:
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Official website here: www.womenintoys.com
Where can I find the form 990 for Wit Foundation Inc?
Wit Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.womenintoys.com
Learn more at the official website: www.womenintoys.com
Mission Statement of Wit Foundation Inc
Wit Foundation Inc, as a collaborative community, is dedicated to fostering professional growth for women. Their mission is centered around providing opportunities for leadership development, networking, and education. By doing so, they aim to empower women, enabling them to reach their full potential in their respective fields. This nonprofit organization serves as a platform for women to connect, learn, and grow, ultimately promoting gender equality and empowerment in professional settings.
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Impact
October, 2024
Wit Foundation Inc significantly enhances professional growth for women by creating a supportive community focused on leadership development, networking, and educational opportunities. Through its collaborative initiatives, the foundation fosters an environment where women can build essential skills, connect with mentors, and expand their professional networks. This focus not only empowers individual women but also contributes to greater diversity and inclusion in various industries. By championing women's advancement, Wit Foundation Inc plays a vital role in shaping the future of the workforce and ensuring women have the tools and opportunities necessary to succeed in their careers.
This information is meant to be a general summary of Wit Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $27,934
- Gross Receipts: $1,048,048
Assets and Liabilities:
- Total Assets: $784,375
- Total Liabilities: $84,403
- Net Assets: $699,972
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other meeting revenue
Revenue
$26,175
Webinar revenue
Revenue
$1,759
Organization Details
Founding Year
1996
Phone
(212) 675-1141Principal Officer
Janice Ross
Main Address
1375 Broadway 1001, New York, NY, 10018
Website
www.womenintoys.comNTEE Category
Code: T70 - Philanthropy
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